Mar 20, 2025 - 8:46 AM
TURKEY: Relaxing equity buyback rules
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Turkiye (TURKEY; B1pos/BB-/BB-)
- The Capital Markets Board earlier announced a relaxation of buyback rules for listed companies, lifting the requirement of AGM approval and other restrictions.
- Turkish Airlines bought back 166K Shares on Wednesday. They purchased shares at average price of 298.91 liras. We don’t see any further companies that have announced buyback activity.
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